Money

Meta is being sued over allegations that it misled users

Published

4 years ago

March 18, 2022

Facebook owner Meta is being sued by Australia’s competition watchdog

The body alleges that the social-media giant misled users by publishing scam advertisements featuring unwitting local celebrities.

The ads promoted cryptocurrency investments and linked to fake media articles that endorsed the schemes.

It’s believed that Facebook users believed the promotions were associated with the famous people in the ads even though they had never approved them.

One individual lost more than $650,000 AUD.

Related Topics:Tech trending

Up Next

Musk’s Starling the most downloaded app in Ukraine

Don't Miss

Social media company is being sued over “false” ads

Costa Haritos

Costa is a news producer at ticker NEWS. He has previously worked as a regional journalist at the Southern Highlands Express newspaper. He also has several years' experience in the fire and emergency services sector, where he has worked with researchers, policymakers and local communities. He has also worked at the Seven Network during their Olympic Games coverage and in the ABC Melbourne newsroom. He also holds a Bachelor of Arts (Professional), with expertise in journalism, politics and international relations. His other interests include colonial legacies in the Pacific, counter-terrorism, aviation and travel.